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Stocks/Share Market - Angel One

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Sun Pharma Expands Portfolio with Acquisition of HaystackAnalytics

7 June 2024

Sun Pharmaceutical Industries Limited, along with its subsidiaries and affiliates, has entered into an agreement with HaystackAnalytics Private Limited (“Haystack”). Under this agreement, Sun Pharma will acquire a 9.6% stake in Haystack’s total outstanding securities. HaystackAnalytics Private Limited (Haystack) is registered under the Companies Act 2013. Its registered office is in Mumbai. Haystack develops genomic …

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UK Court Fines Tata Chemicals Europe GBP 1.1 Million For 2016 Safety Incident

7 June 2024

Tata Chemicals Limited is an Indian multinational corporation with interests in chemicals, crop protection, and specialty chemistry products The company is headquartered in Mumbai and has operations across India, Europe, North America, and Africa. Tata Chemicals is a part of the Tata Group and its shares are listed on the exchanges. It has a market …

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Market Movers: Here Are Today’s High-Volume Buzzers!

7 June 2024

The Indian markets are trading in the green and higher than the closing levels of the last trading session. Currently, the BSE Sensex is trading at around 75,631, representing a gain of 0.74%, or an increase of 556.93 points compared to the closing levels of the previous day. Meanwhile, on the NSE Nifty 50, trading …

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ITC Shareholders Approves Hotel Biz Demerger

7 June 2024

ITC Limited is an Indian conglomerate company, headquartered in Kolkata. It has a presence across six business segments, namely FMCG, hotels, agribusiness, information technology, paper products, and packaging. The ITC shareholders have approved the demerger of ITC Hotels with a majority of 99.6%. Proposed Demerger ITC approved the Scheme of Arrangement between ITC Ltd and …

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SEBI Issues Administrative Warning to ICICI Bank Over Employee Influence in ICICI Securities Delisting

7 June 2024

The market regulator, SEBI received complaints from shareholders about receiving calls from ICICI Bank, urging them to vote in favor of delisting ICICI Securities. These calls have raised concerns among the shareholders regarding the appropriateness and ethics of such direct lobbying efforts by the bank to influence the voting outcome on the proposed delisting of …

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Share Market Pre Open Updates – June 07, 2024

7 June 2024

On June 6, 2024, the Nifty 50 rose 0.89% and closed at 22,821, and the Sensex increased 0.93%, closing at 75,074.  Top Gainers and Losers On the sectoral front, Nifty Realty, Nifty Media, Nifty PSU Bank, and Nifty IT ended in the green. Meanwhile, Nifty FMCG, Nifty Pharma, Nifty Healthcare Index, and Nifty Private Bank …

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The Only Large Cap to Double in 3 Months: Do You Hold?

6 June 2024

Hindustan Zinc Limited (HZL) has made waves in the stock market, doubling its share price in just three months. With a history dating back to 1966, HZL has established itself as a dominant player in the zinc-lead and silver industry. Let’s dive into the factors contributing to its recent surge and why you might want …

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Overnight Digest: Top 5 mid and small-cap stocks to watch out for June 7

6 June 2024

On Thursday, the market continued to recover from Wednesday’s losses, with BSE-listed companies collectively gaining Rs 8 lakh crore in market capitalization, bringing the total market cap to Rs 416 lakh crore. The Sensex rose by 0.93%, closing at 75,074.51, while the Nifty climbed by 0.89%, closing at 22,821.40. Among sectors, real estate, media, public …

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Technical Picks to Keep an Eye On: Canara Bank and Zensar Technologies

6 June 2024

Canara Bank and Zensar Technologies are identified as upside potential stocks based on technical analysis. Both stocks have displayed promising structures and technical setups, including price volume contraction, and the potential to bounce back and breakout. Currently trading at Rs 118.60 and Rs 621.30 respectively, their price aligns with positive signals from technical indicators like …

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Ashoka Buildcon Expands Global Footprint with Water Wells Project in Ivory Coast

6 June 2024

International Expansion Ashoka Buildcon has secured a significant international project through an EPC (Engineering, Procurement, and Construction) Agreement with Serneke International Group AB, Sweden. The project, floated by Baran International Ltd, involves constructing 100 drinking water wells and installing drinking water supply units in 35 villages across Ivory Coast. This project is valued at €18.50 …

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